Transfer: Chelsea, Arsenal Miss Out As PSG Close In On Osimhen

Napoli striker, Victor Osimhen, is close to joining Paris Saint-Germain for €120million (£103m/$129m), in a blow to Premier League sides – Chelsea and Arsenal’s transfer plans.

Osimhen is one of the most sought after forwards in football at the moment.

Premier League giants, Chelsea and Arsenal are also reportedly interested in the Nigeria international.

According to Italian outlet Il Mattino, negotiations between Napoli and PSG are reaching an advanced stage for the player.

PSG are eager to outmanoeuvre rivals like Chelsea and Arsenal in the race for his signature.

The French side will pay Osimhen’s €120m release clause and offer him a four-year contract worth €13m (£11m/$14m) per season.

In addition, they are eager to extend an offer of a four-year contract to the striker, who will make €13m a season at PSG.

PSG‘s interest in the Nigerian striker stems from their need to find a replacement for the departing Kylian Mbappe, who is set to join Real Madrid.

The 25-year-old, having signed a new contract with Napoli in December that includes a €130 million release clause, is poised to bid farewell to the Italian club at the end of the current season. Reports indicate that PSG has agreed to meet this hefty release clause to secure Osimhen’s services.

For Chelsea, Osimhen was the primary target to bolster their attacking lineup. However, their financial constraints and the urgent need to comply with the Premier League’s Profit & Sustainability Regulations (PSR) forced them to pull out of the race.

Osimhen’s move to PSG will see him earn a staggering €13 million annually over a four-year contract, with additional control over his image rights.

The Nigerian sensation is set to earn over €13million per year for the next four years. He will manage his image rights independently and is expected to sign lucrative sponsorship deals with Qatari partners associated with President Al-Khelaifi’s club.

The 25-year-old has scored 14 goals in 26 appearances across all competitions for Napoli this season.